Automatic - 10 Minutes News for Hoteliers - Page 257

1 min

The summer European tourism reached a breaking point

🏕️ Visitors to European destinations in Summer 2024 are expected to surpass 2019 levels, with a 6% increase in international arrivals in Q2 alone, amid local backlash and climate challenges. Locals demand more tourism revenue for community and infrastructure, following a "perfect storm" of excessive numbers, poor behavior, and heat waves and fires, as noted by Professor Richard Butler on Sep 3, 2024.

1 min

Global hotel rates starting to rise ‘more moderately’

🏨 HotelHub reveals hotel prices in key global business cities increased moderately by 3.6% to $189/night in Q2 2024, compared to a 9.6% hike in Q2 2023. In Europe, the average was $176/night, while North America saw the highest regional rate at $218/night. New York's average hotel rate went up by 5% to $432/night. Booking lead time was 16.7 days, a 19% increase from Q2 2023's 14 days.

1 min

Offline travel market shrinking, but at a slower pace

📈 PhocusWright predicts a decline in brick-and-mortar travel agency sales, with a slowdown compared to past years as of September 3, 2024. Online travel sales growth tends to decelerate upon reaching 40% market penetration. The corporate travel sector, still largely offline due to complex policies, contributes to this trend. The effectiveness of hybrid offline-online agency models remains uncertain.

1 min

Holiday disruption at US hotels as 10,000 workers strike

🏨 Over 10,000 U.S. hotel workers initiated a strike on Labor Day, September 3, 2024, affecting services in 25 hotels across nine cities. The strike, entering its second day, corresponds with a 9% increase in Labor Day domestic travel. Hyatt and Hilton are working on fair negotiations, while Hyatt implements contingency plans. The strike could last three days.

0 min

Retail Economics and TikTok: The Power of Social Commerce: Building Brands in the TikTok Era (Short)

2 min

Dutch DPA imposes a fine of 290 million euro on Uber because of transfers of drivers’ data to the US

🚫 The Dutch DPA found Uber in violation of GDPR by transferring European drivers' sensitive data to US servers for over 2 years without adequate transfer tools, post-EU-US Privacy Shield invalidation in 2020. Uber, with a €34.5 billion turnover in 2023, faces fines up to 4% of its annual turnover. This case follows 170+ French drivers' complaints via LDH to the French DPA, leading to an investigation by the Dutch DPA—Uber's European HQ. Uber has been fined twice before by the Dutch DPA: €600,000 in 2018 and €10 million in 2023.

1 min

The Inside Man | Security Awareness Training Series

💻 "The Inside Man" series showcases real-world security threats through drama, covering social engineering, phishing, and more in Season 1, virtual assistants and password issues in Season 2, international deepfakes in Season 3, ransomware attacks in Season 4, and exploring social media threats and password theft in Season 5.

1 min

Forrester: Global travel spending ready for take-off

✈ Global travel spending is set to rebound to over US$2 trillion by the end of 2024, matching pre-pandemic levels. North America, Europe, and Asia-Pacific are key regions driving demand. By 2023, the top seven Online Travel Agencies (OTAs) captured nearly 46% of global online travel spending, up from 40% in 2022. Recovery is uneven as China and Japan have not yet reached pre-pandemic travel spending. The travel market's growth is projected at a 6.0% CAGR from 2024 to 2028, outpacing the global economy.

1 min

China’s senior travelers a key growth area for Trip.com

🌿 By 2040, China expects 28% of its population to be over 60. Trip.com Group reports over $224.6 million spent by senior travelers on its platform. Catering to users aged 50+, the Old Friends Club was launched last quarter. Trip.com's "family cloud" feature assists elder trip planning. Senior Chinese tourists now favor mid to high-end travel, moving beyond just budget trips. Article date: Aug 28, 2024.

Competition for experiential travelers intensifies

🏕 Hotels now vie with various lodging services to offer the unique experiences valued by travelers, influenced by social media, wellness, and entertainment. As of Aug 28, 2024, despite a dip in the camping craze, glamping still attracts many. Kampgrounds of America, with over 500 locations, blends camping with comforts like kitchens and TVs. Hotels are urged to innovate their outdoor spaces to provide engaging, on-site experiences.

Input your search keywords and press Enter.